Waterfront Seafood Restaurant

Dare County, NC
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Asking Price:$609,000
Gross Revenue:$552,323
Rent:$2,935/Month
Established Year:2019
Cash Flow:$221,740
Inventory:$3,000
FF&E:$55,000
BUSINESS DESCRIPTION

Located on the scenic waterfront of Eastern North Carolina, this seafood restaurant has been a community favorite for over six years, attracting a loyal clientele who return time and again for its quality cuisine and inviting atmosphere. Currently open only from 5:00 to 9:00 p.m., this business offers a solid profit margin with significant growth potential for a new owner. Expanding hours to include lunch or even breakfast service could drive additional revenue and capitalize on the restaurant's prime location. This turnkey operation provides an excellent opportunity for an investor to take a profitable, well-loved establishment to the next level. It’s also an ideal venture for a chef looking to open their first restaurant or a restaurant owner seeking to expand into multiple locations. The business is pre-approved with an SBA lender, making ownership accessible and financing options streamlined. For more information call Patricia Griswold at 804-928-2651 or email TeamGriswold@fcbb.com


DETAILED INFORMATION
Location
Dare County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,144
Lease Expiration
01/03/2026
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 2,144 square feet with a Total monthly rent of $2,935. Lease ends 03/2026 with 1x 3 years options. Seller is active with 2FT and 8PT employees. Hours of operation are 5p.m. to 9p.m, Monday thru Friday. $3,000 in inventory and $55,000 in FF&E included in the asking price. $60,000 made in leasehold improvements. ABC and Health license required.
Support & Training
TBD
Reason for Selling
Moving closer to family
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Patricia
Griswold
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Patricia Griswold